FRN Feronia Inc

Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) today announced that
the TSX Venture Exchange (the "TSXV") has accepted its notice to conduct a
normal course issuer bid. Under the bid, the Company will have the right to
purchase for cancellation up to a maximum of 11,101,200 through the facilities
of the TSXV.


There are a total of 144,901,500 Common Shares issued and outstanding as of the
date hereof. Management of the Company will determine the actual number of
Common Shares that may be purchased and the timing of any such purchases,
subject to compliance with applicable TSXV rules. Purchases made pursuant to the
bid will be made in the open market through the facilities of the TSXV and the
price that the Company will pay for any such Common Shares will be the market
price at the time of the acquisition.


The Company is proposing to commence the bid on September 11, 2011 and the bid
shall terminate on the earlier of: (a) on September 12, 2012; (b) the date upon
which the Corporation completes its purchases under the normal course issuer
bid; and (c) such date on which the Corporation gives notice of termination of
the normal course issuer bid to the TSXV. The Company has not purchased any
Common Shares during the previous year pursuant to any issuer bid. The bid will
be conducted by National Bank Financial Inc.


The Company intends to make the bid because it believes that (a) the Common
Shares may be undervalued from time to time in relation to its current and
future business prospects, and (b) the Common Shares may become available during
the period of the bid at prices that would make the purchase of such Common
Shares for cancellation an appropriate use of available funds and in the best
interests of the Company and its shareholders.


About Feronia Inc. 

Feronia Inc. is a large-scale commercial farmland and plantation operator in the
Democratic Republic of the Congo ("DRC"). The Company uses modern agricultural
practices to operate and develop its oil palm plantations and arable farming
business division. Feronia believes in the immense agricultural potential of the
DRC for high-quality foodstuffs and edible oils given its ideal climate,
excellent soil and highly skilled and experienced workforce. Feronia's
management team is comprised of senior agriculturalists with extensive
experience in managing both plantations and large-scale mechanized farming
operations in emerging markets. Feronia is committed to sustainable agriculture,
environmental protection and providing support for local communities. For more
information please see, www.feronia.com. 


Cautionary Notes 

Except for statements of historical fact contained herein, the information in
this press release constitutes "forward-looking information" within the meaning
of Canadian securities law. Such forward-looking information may be identified
by words such as "plans", "proposes", "estimates", "intends", "expects",
"believes", "may", "will" and include without limitation, statements regarding
the stated use of proceeds; plan of operations and comparative advantages; and
benefits of this investment. There can be no assurance that such statements will
prove to be accurate; actual results and future events could differ materially
from such statements. Factors that could cause actual results to differ
materially include, among others, regulatory risks, risks inherent in foreign
operations, commodity prices, competition, and investments having no history of
operations. Most of these factors are outside the control of the Company.
Investors are cautioned not to put undue reliance on forward-looking
information. Except as otherwise required by applicable securities statutes or
regulation, the Company expressly disclaims any intent or obligation to update
publicly forward-looking information, whether as a result of new information,
future events or otherwise.

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